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Theft hurts Nigeria´s oil output but crackdown intensifies

ABUJA, Nigeria (AP) - Nigeria is losing 470,000 barrels of crude oil per day to theft and pipeline vandalism, regulators say, and has now...

Nigeria Drops to Africa’s 4th Largest Oil Producer, OPEC Reports

Abuja, Nigeria —  Nigeria is facing a record reduction in oil production, oil cartel OPEC reports, dropping from the first largest producer in Africa to...

Fuel subsidy: Steps for incoming administration

The unending challenge of fuel subsidy, long fuel queues and the attendant overwhelming corruption associated with the subsidy has defied common sense and the...

Our members not responsible for distortion of LPG market – MOMAN

The Major Oil Marketers Association of Nigeria (MOMAN) says its members are not responsible for activities distorting the Liquefied Petroleum Gas (LPG) market and...

Meet The First Female Truck Driver At Dangote Refinery

03 September 2021 There is a saying that "a woman can do whatever a man can do, and do it better." That’s the case with...

South Africa: Caltex announces a rebranding as Astron Energy

The new Astron Energy brand has been announced by Caltex, one of South Africa's top five oil brands, and is one of the largest...

Nigeria withdraws from the West African Maritime Organization

The Federal Government has stated that Nigeria has left the Maritime Organisation for West and Central Africa (MOWCA). According to Eric Ojiekwe, a spokesperson for...

Iranian president denies blaming Israel for tanker attack

1 August 2021 DUBAI, UAE On Sunday, Israel's prime minister blamed Iran for a drone attack that killed two people on an oil tanker off...

Former Glencore trader pleads guilty to Nigerian oil graft

1 August 2021 In the United States, a former Glencore Plc oil trader admitted to taking part in an international plan to bribe Nigerian...

“Just transition” in Nigeria: What happens to oil and gas workers?

With recent extreme weather conditions; torrential floods in Zhengzhou, Lagos and parts of Western Europe, mudslides in India and extreme heatwaves in the US,...

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